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Nov 24, 2012
11/12
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and that is why the economy is failing. neil: the economy is stumbling. nothing seems to be happening, but ralph nader has got a plan. one day he says he wil get companies hiring and fast. getting people spending soon. >> nonfinancial companies are sitting on over a trillion dollars of shareholders cash. the investors cash. a lot of them are not giving adequate evidence. some of them like google and emc giving no dividends. if they can be pressured by pension funds to unload a cup and billion dollars into the economy, people would spend it. they don't like the tax penalty for it. would you give them a tax holiday? you have to put it to use and do something? >> they tried that in 2004 and they brought back hundreds of villains. they put the murders and bonuses and what we have to do is recognize the president obama is not an economic dictator. the federal reserve can bring interest industry rates much lower. so we have to go to these two other areas are overwhelming support of inflation adjusted minimum wage. >> i'm not alone in an environment like this, h
and that is why the economy is failing. neil: the economy is stumbling. nothing seems to be happening, but ralph nader has got a plan. one day he says he wil get companies hiring and fast. getting people spending soon. >> nonfinancial companies are sitting on over a trillion dollars of shareholders cash. the investors cash. a lot of them are not giving adequate evidence. some of them like google and emc giving no dividends. if they can be pressured by pension funds to unload a cup and...
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Nov 24, 2012
11/12
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he wants to destroy the economy? who will allow that increase to devastate the economy? lou: a good point*. nobody talks about the fact that individual top -- checks payments federal receipts has risen over the last few years that the answer is broken i went to see how they talk to each other. there is a sense of helplessness that is palpable because i don't believe the congress feels it has the strength to penetrate the veil of denial , and secrecy that is this administration over the last nine weeks and he called for the special prosecutor. >> that's right. attorney general house to do it. >> eric holder says congressman you have a splendid idea. we will investigate ourselves. >> if he does not a point* a special prosecutor then what you have is the very people who floated the idea of general petraeus for adultery in the military. there is all kinds of pressure. lou: you don't thiik it is a coincidence coming down on david petraeus head against the issue it -- issues of the administration? >> exactly. i love your sarcasm. that is the problem. we have the purse strings
he wants to destroy the economy? who will allow that increase to devastate the economy? lou: a good point*. nobody talks about the fact that individual top -- checks payments federal receipts has risen over the last few years that the answer is broken i went to see how they talk to each other. there is a sense of helplessness that is palpable because i don't believe the congress feels it has the strength to penetrate the veil of denial , and secrecy that is this administration over the last...
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Nov 24, 2012
11/12
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net net is no good long-term efeffects for the economy. gerri: you picked up something interesting out of ben bernanke at statement about banks being too tight with their lending. what did you make of that? >> it is very interesting because ben bernanke is talking about the unwillingness of banks to lend more noncredit were the people and the problem i have with that is banks are having to do that because ben bernanke has killed the bank model and if you look back at banks and how they make money they borrow on the short end meaning they borrow at the low end of interest rates and blended out on a long end meaning the consumer will pay off higher interest-rate and banks make the spread. interest rate curve is not even occur but a flat board. and to be a little more conservative with lending and ben bernanke saying no banks, led to everybody to comes to your door. gerri: we saw how well that worked out last time it happened. >> that is one of the problems we had in 2007-2008 and even in the late 90s and early 2,000s. banks lend to everybody
net net is no good long-term efeffects for the economy. gerri: you picked up something interesting out of ben bernanke at statement about banks being too tight with their lending. what did you make of that? >> it is very interesting because ben bernanke is talking about the unwillingness of banks to lend more noncredit were the people and the problem i have with that is banks are having to do that because ben bernanke has killed the bank model and if you look back at banks and how they...
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Nov 21, 2012
11/12
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david: what does this mean for our economy? >> we still depend a lot on chinese imports, companies like caterpillar. >> what it means is that we are counting on china as an export market for our companies, like caterpillar, and i don't think we will be able to do that because chinese consumers won't have the ability to go out and buy. also because conservatives will try to shut out foreign companies in the chinese market. they have been trying to do that since the middle of 2006. they have also been going after the private entrepreneurs who are very productive. what they are doing is getting rid of the best elements of the chinese economy, and they are trying to weber state owned enterprises, which are really the worst. david: what techniques they used to keep our companies out? >> the first thing they did in 2006, he saw this with microsoft and goldman sachs, they prevented takeovers. and they have been trying to make sure that foreign companies have to surrender technology, and all sorts of these types of little techniques. a
david: what does this mean for our economy? >> we still depend a lot on chinese imports, companies like caterpillar. >> what it means is that we are counting on china as an export market for our companies, like caterpillar, and i don't think we will be able to do that because chinese consumers won't have the ability to go out and buy. also because conservatives will try to shut out foreign companies in the chinese market. they have been trying to do that since the middle of 2006....
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Nov 22, 2012
11/12
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between that and how do we have an economy? how we grow an economy? that we provide for the kids? >> that's a great point. when i talked about the exploding cost of entitlement, there is something that is the expensive single program. it is hard to reform these programs with the democrats and unions. the union to run as for the first thing they say in a press conference after they met with president obama is we are not going to tolerate any reductions on any of these programs. it makes it very difficult to do anything about reforming them when you have one party that doesn't want to do it. >> so this is a centerpiece of the fiscal cliff on the spending side. it would be up to the republicans to convince the american public that we have to reform these things in order to save these things. to a large degree, we have to be concerned that they are not articulating this to the point where people are saying now. i'm not ready to do it. even though the irony is any sort of reasonable person would suggest one hit anybody older than 40 years old right now. >> what was depressing -- there
between that and how do we have an economy? how we grow an economy? that we provide for the kids? >> that's a great point. when i talked about the exploding cost of entitlement, there is something that is the expensive single program. it is hard to reform these programs with the democrats and unions. the union to run as for the first thing they say in a press conference after they met with president obama is we are not going to tolerate any reductions on any of these programs. it makes it...
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Nov 23, 2012
11/12
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and that is why the economy is failing. [beep] [indistinct chatter] [kids talking at once] [speaking foreign language] [heart beating] [heartbeat continues] [faint singing] [heartbeat, music playing louder] ♪ i'm feeling better since you know me ♪ ♪ i was a lonely soul, but that's the old me... ♪ announcer: this song was created with heartbeats of children in need. find out how it can help frontline health workers bring hope to millions of children at everybeatmatters.org. neil: the economy is stumbling. nothing seems to be happening, but ralph nader has got a plan. one day he says he will get companies hiring and fast. getting people spending soon. >> nonfinancial companies are sitting on over a trillion dollars of shareholders cash. the investors cash. a lot of them are not giving adequate evidence. some of them like google and emc giving no dividends. if they can be pressured by pension funds to unload a cup and billion dollars into the economy, people would spend it. they don't like the tax penalty for it. would
and that is why the economy is failing. [beep] [indistinct chatter] [kids talking at once] [speaking foreign language] [heart beating] [heartbeat continues] [faint singing] [heartbeat, music playing louder] ♪ i'm feeling better since you know me ♪ ♪ i was a lonely soul, but that's the old me... ♪ announcer: this song was created with heartbeats of children in need. find out how it can help frontline health workers bring hope to millions of children at everybeatmatters.org. neil: the...
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Nov 21, 2012
11/12
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she will spend that money in the economy. in fact much she will spend a lot of that extra raise at the retail store that employes are. so our study models the effect. basically, you can think of lower-paid employees as job creators when we give them a wage boost. increasing gdp if we assume that companies decide to only pass on about half of the cost of the increased peril. you're looking a $12 billion. melissa: i totally hear what you're saying that that money does not come out of thin air. it comes from the company. they they have dead take it from other workers. >> here is the good news. we have some real-life companies that we can compare, companies that pay better wages than the counterparts. costco has nearly double the sales per employee and sam's club, which is the wholesale club owned by walmart. this has been studied by folks at mit, harvard business school, wharton business school. when you staff appropriately, customers are happy and unhappy customers spend more money. melissa: they also have to charge higher pric
she will spend that money in the economy. in fact much she will spend a lot of that extra raise at the retail store that employes are. so our study models the effect. basically, you can think of lower-paid employees as job creators when we give them a wage boost. increasing gdp if we assume that companies decide to only pass on about half of the cost of the increased peril. you're looking a $12 billion. melissa: i totally hear what you're saying that that money does not come out of thin air. it...
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Nov 25, 2012
11/12
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and that is why the economy is and that is why the economy is failing. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investmentbjectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. neil: the economy is stumbling. nothing seems to be happening, but ralph nader has got a plan. one day he says he will get companies hiring and fast. getting people spending soon. >> nonfinancial companies are sitting on over a trillion dollars of shareholders cash. the investors cash. a lot of them are not giving adequate evidence. some of them like google and emc giving no dividends. if they can be pressured by pension funds to unload a cup and billion dollars in
and that is why the economy is and that is why the economy is failing. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investmentbjectives, risks,...
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Nov 21, 2012
11/12
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economy right now. a big drag of business confidence, businesses are already t doing very well, negative investment, really cannot afford to make the situation any worse and we have heard some members of congress talk about going over the fiscal clififf to teach the other parta lesson. that is not helpful. this is something that should be settled qukly. we know that we're probably going to have higher taxes out of the health care reform. now the payroll tax or they will probably go away. but a premium on in more taxes on the near-term dealing with spending and gettingext year without imposing a recession at american public. gerri: you take a lot of time to analyze what happens t this economif we go over the cliff. is it a big recession, it's a deep recession, what happens? >> it is a deep recession, you hear talk that it is a slow weakening. we can fix it in january and come back. we know the magnitude is large, $395 tax increase, $140 billion spending cuts. more importantly, financial marketwould be sh
economy right now. a big drag of business confidence, businesses are already t doing very well, negative investment, really cannot afford to make the situation any worse and we have heard some members of congress talk about going over the fiscal clififf to teach the other parta lesson. that is not helpful. this is something that should be settled qukly. we know that we're probably going to have higher taxes out of the health care reform. now the payroll tax or they will probably go away. but a...
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Nov 24, 2012
11/12
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and that is why the economy is and that is why the economy is failing. 4g lte is the fastest. so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than the other ones. so what if we just changed the format altogether ? isn't that the exact same thing ? it's pretty clear. still sticking with verizon. verizon. more 4g lte coverage than all other networks combined. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just rig for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. i put away money. i was
and that is why the economy is and that is why the economy is failing. 4g lte is the fastest. so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than the other ones. so what if we just changed the format altogether ? isn't that the exact same thing ? it's pretty clear. still sticking...
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Nov 25, 2012
11/12
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in determines of higher dividend taxes and higher taxes on just about every piece of the economy and i tell yo don't believe me, go out there and talk to them. they started cutting back way before this last week. >> i want to take this point. >> and this is the problem, the fiscal cliff is really bad, but the solution offered by president obama of massive taxes is not that good. >> julian, what do you make of that this this is just a pandora's box, and the beginning. the fiscal cliff, could have a short-term impact, but ultimately the trend of higher taxes that charlie's point, is what businesses are really afraid of? >> i totally disagree with that and i think the surveys of businesses have shown that to be wrong and i talked to-- >> whoa, whoa, what survey. >> can i finish the point, charlie. >> you just said survey. >> we'll come back. >> i think that businesses are concerned mostly about whether consumers are going to spend or the not. that's the concern and i think as for the fiscal cliff, no, i don't think that's what it is and as for the fiscal cliff, anybody paying close atte
in determines of higher dividend taxes and higher taxes on just about every piece of the economy and i tell yo don't believe me, go out there and talk to them. they started cutting back way before this last week. >> i want to take this point. >> and this is the problem, the fiscal cliff is really bad, but the solution offered by president obama of massive taxes is not that good. >> julian, what do you make of that this this is just a pandora's box, and the beginning. the...
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Nov 24, 2012
11/12
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eye 92
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the economy is good. our sales floor is busier. our palmines are longer and we are taking in a lot more merchandise. right now it's getting a little bit better. people are working desperately to get to work. people just need to go out and every morning when you wake up coming have to ask yourself, how bad do you want to? go get a job, it doesn't matter if you clean the streets are wed a lawn, or you are a doctor, there are opportunities out there. what i advise them is don't over extend yourself. neil: so my wife's 250,000-dollar ring, -- [talking over each other] [talking over each other] >> we've been doing this long enough, we understand. >> don't go anywhere else. thank you very much for coming. he is the guy. we will have the response to barack obama coming up next. neil: it has be pretty much the legacy of this president's term and it was handed off by his predecessor if you think about it. auto companies, you name it. a lot of us actually started a long time ago before each of these men even came in to office. back to the ca
the economy is good. our sales floor is busier. our palmines are longer and we are taking in a lot more merchandise. right now it's getting a little bit better. people are working desperately to get to work. people just need to go out and every morning when you wake up coming have to ask yourself, how bad do you want to? go get a job, it doesn't matter if you clean the streets are wed a lawn, or you are a doctor, there are opportunities out there. what i advise them is don't over extend...
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96
Nov 29, 2012
11/12
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is heading more and more toward sort of european socialist style economy. now, the european social model has been a failure in europe. no reason to believe it will succeed in the united states. and as margaret thatcher pointed out many years ago, the problem with socialist governments is that eventually they run out of other people's money to spend, and that is what is happening here in the united states. a poll came out today showing that 45 percent of democrats look favorably upon socialism which is a deeply worrying development. fortunately most americans -- gerri: did you say 45? gerri: 45? >> 45 percent of democrats according to a rasmussen poll published earlier today. fortunately the overall majority still believe in a capitalist free enterprise system, so there is still. gerri: the problem with what is being talked about, what is on the table is that it changes so dramatically. individuals, business operators. it -- one each address this directly. wealthy people will never change the way live. it won't change and they spend, how they invest. just be
is heading more and more toward sort of european socialist style economy. now, the european social model has been a failure in europe. no reason to believe it will succeed in the united states. and as margaret thatcher pointed out many years ago, the problem with socialist governments is that eventually they run out of other people's money to spend, and that is what is happening here in the united states. a poll came out today showing that 45 percent of democrats look favorably upon socialism...
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Nov 27, 2012
11/12
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is that what you're saying in this economy? >> well, 70% of this economy. so if you do that and you do some other things in the name of avoiding t fiscal cliff, well, we are going to be right on the edge of an economic downturn. >> let me ask you something. do you advise ronald reagan, if ronald reagan were alive today and he was facing the fiscal cliff, what do you think he would do? >> remember what he did in 86? he sat down with tip o'neill. they agreed that they could have very substantial reduction in tax rates across the board but particularly middle and high income tax rates and offset that base broadening. the result of that was taking the top rate down from 50% to 20%. the impact of bad was to have a significant increase in taxable income. people choosing to take more of their compensation in the form of taxable income and cutting back on tir tax expenditures andeductions and exclusions in working order. so i think that is what ronald reagan would do if he were here now. >> leadership will be key to all this. thank you so much for coming on the sho
is that what you're saying in this economy? >> well, 70% of this economy. so if you do that and you do some other things in the name of avoiding t fiscal cliff, well, we are going to be right on the edge of an economic downturn. >> let me ask you something. do you advise ronald reagan, if ronald reagan were alive today and he was facing the fiscal cliff, what do you think he would do? >> remember what he did in 86? he sat down with tip o'neill. they agreed that they could have...
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108
Nov 29, 2012
11/12
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this could be a nice stimulus for the economy. john boehner saying he has seen no substantive progress on the fiscal cliff talks in the last couple weeks. what compromises need to be made? sheila bair, being a former fdic chair, telling us 4 ways wall street can help out and it is not all good news for investors. liz: did you see the cover of the wall street journal? fed stimulus like gillian 2013. we talked about this the second broke yesterday halfway through the 3:00 p.m. show. the man who wrote the article, wall street journal's chief economic correspondent and chief head head to lend us live. dave: before that is of we will tell you what drove the market with the data download. stocks extending yesterday's gains finishing a volatile session higher with the dow, s&p and nasdaq trading above the 200 day moving average for the first time in three weeks. telecom and health care were the top performing sectors. fewer americans filing first-time applications for unemployment benefits as hurricane sandy had the labor market and cont
this could be a nice stimulus for the economy. john boehner saying he has seen no substantive progress on the fiscal cliff talks in the last couple weeks. what compromises need to be made? sheila bair, being a former fdic chair, telling us 4 ways wall street can help out and it is not all good news for investors. liz: did you see the cover of the wall street journal? fed stimulus like gillian 2013. we talked about this the second broke yesterday halfway through the 3:00 p.m. show. the man who...
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Nov 28, 2012
11/12
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having to get deeper into that whole would not be good for the economy. liz: thank you for joining us rea.we like our governors of evy state. he is an independent. if so many defense jobs. our governors on the edge week. utah governor in another fox business exclusive. they have a very low unemployment rate unlike rhode island, but he says it will be impacted if d.c. cannot reach an greement. the closing bell ringing in about 47 minutes. would you do business in a dangerous area if you thought the risk might bring huge rewards? libya wants business in a huge way. we're not just talking about oil rigs and pipelines, but also massive infrastructure projects, roads, schools, you name it. part of the royal libyan family. he is back in his job is to sell libya on u.s. companies. find out what he thinks there is a big payoff for american businnss. a fox business exclusive. having you ship my gifts couldn't beasier. well, having a t olocations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male
having to get deeper into that whole would not be good for the economy. liz: thank you for joining us rea.we like our governors of evy state. he is an independent. if so many defense jobs. our governors on the edge week. utah governor in another fox business exclusive. they have a very low unemployment rate unlike rhode island, but he says it will be impacted if d.c. cannot reach an greement. the closing bell ringing in about 47 minutes. would you do business in a dangerous area if you thought...
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132
Nov 28, 2012
11/12
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you had the economy growing. you had world economies growing. gold is not just for gold bugs. every investor should take a portion of their portfolio and some exposure to hard assets like gold and it is gaining traction. david: why not just buy, there are premiums built into all the products that you sell, that's why you're in business in order to make a little profit. >> yes. david: why not just buy gld? essentially look at gld, look at the spdr if we put it up up on the screen. this is the price of gold on top of gld. they track almost perfectly. why not just buy the stock? >> well --. david: no premium. >> you want physical asset. buy a reit or asset. david: this tracks the spike of gold tick by tick. >> this is security. many like to eliminate the counter part risk. they want physical asset something they can see and touch. you can by physical real estate oar by the reit. many people want the hard asset. gld is fine but a gld is security. having physical gold is one component that is very important. david: what do you think? do you think the situation will deer tate rate s
you had the economy growing. you had world economies growing. gold is not just for gold bugs. every investor should take a portion of their portfolio and some exposure to hard assets like gold and it is gaining traction. david: why not just buy, there are premiums built into all the products that you sell, that's why you're in business in order to make a little profit. >> yes. david: why not just buy gld? essentially look at gld, look at the spdr if we put it up up on the screen. this is...
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Nov 23, 2012
11/12
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and that is why the economy and that is why the economy failing. the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% mo cash. but i'm upping my game. do youant a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. what's in yo wallet? it's the card for people who like more cash. ♪ fare thee well ♪ farewell ♪ mr. gloom be on your way ♪ ♪ though you haven't any money you can still be bright and sunny ♪ ♪ sing polly wolly doodle all the day ♪ ♪ hah neil: the economy is stumbling. nothing seems to be happening, but ralph nader has got a plan. one day he says he will get companiehiring and fast. getting people spending soon. >> nonfinancial companies are sitting on over a trillion dollars of shareholder
and that is why the economy and that is why the economy failing. the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% mo cash. but i'm upping my game. do youant a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash...
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127
Nov 28, 2012
11/12
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the real revenue growth comes from a growing economy. you don't want to kill economic growth and end up with less revenue. we are reaching out, providing the revenue, but doing it in a way that gets people back to work and generates revenue from growth. gerri: i have to tell you, what i hear are people who are continuing to pitch their own position and not move into the center and the thing that amazes me, and ensure it amzes the american people, there is not even another meeting scheduled yet. how is that possible? days from the deadline. gerri: we should be meeting every day, and we are putting revenue on the table. that is a big step. the administration has to engage with us. gerri: thank you for coming on. we appreciate. ho you will come bck as these negotiations continue. hopefully you can find some kind of resolution. >> thank you. gerri: meanwhe, the house is back in session after the thanksgiving break. the speaker was met with an unusual demonstration. naked protesters, no kidding, outside his office. by the time we get our came
the real revenue growth comes from a growing economy. you don't want to kill economic growth and end up with less revenue. we are reaching out, providing the revenue, but doing it in a way that gets people back to work and generates revenue from growth. gerri: i have to tell you, what i hear are people who are continuing to pitch their own position and not move into the center and the thing that amazes me, and ensure it amzes the american people, there is not even another meeting scheduled yet....
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Nov 21, 2012
11/12
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. >> and you stimulate your economy. if you raise rates anddon't cut expenditures, what you are doing is making the fiscal problem that much worse. raising rates is aonetime revenue grab. expenditures is a long-term reduction in. and the reality is, wehave to do a lot more of expenditure reduction than we do increases in revenue. tom: do you think that the democrats and specifically the president would go along with some sort of quid pro quo where for every dollar for every $5 of reduction in spending we will have some sort of formula that raises rates? >> i think that is doable. not raising rates. think raising revenue, meaning put some limits on deductions. but some women on exemptions. but some women on some of these special deals that people have or engage in. i concede that as an avenue through which you can gain more revenue. it comes out to the sam thing. taxes go up. tom: but it's a little easier to sell. >> the promise not to increase tax rates. but none of it, i think, works. unless the white house is serious a
. >> and you stimulate your economy. if you raise rates anddon't cut expenditures, what you are doing is making the fiscal problem that much worse. raising rates is aonetime revenue grab. expenditures is a long-term reduction in. and the reality is, wehave to do a lot more of expenditure reduction than we do increases in revenue. tom: do you think that the democrats and specifically the president would go along with some sort of quid pro quo where for every dollar for every $5 of...
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Nov 29, 2012
11/12
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then of course it does get to be, you know, a hail mary pass for this economy. who better to address on all these issues than pastor rick warren. of course, saddleback church fame. you know it is interesting about the purpose driven life. we're on 10-year anniversary one of the most talked about and successful books i think since the bible. the ref rind is a very modest man -- reverend. the purpose driven life, 32 million copies. by comparison, bill o'reilly's killing lincoln, one of the most popular books in the country right now, 2 million copies. the reverend has sold 16 times the number of books of bill o'reiily, which clearly tells me bill o'reilly is going to hell. "killing kennedy", half a million copies. he is way behind you. all in good fun. pastor, very good to have you. >> thanks, neil. good to be back with you. ironic i'm in new york city and you're in l.a. today so. neil: i know. my loss but our viewers gain just the same. pastor, what do you think, and is it important that a deal is reached by the end of the year? you often remind, you know parishi
then of course it does get to be, you know, a hail mary pass for this economy. who better to address on all these issues than pastor rick warren. of course, saddleback church fame. you know it is interesting about the purpose driven life. we're on 10-year anniversary one of the most talked about and successful books i think since the bible. the ref rind is a very modest man -- reverend. the purpose driven life, 32 million copies. by comparison, bill o'reilly's killing lincoln, one of the most...
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Nov 24, 2012
11/12
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he wants to destroy the economy. no one in their right mind is going to allow that kind of increase to devastate the economy. lou: that's a good point. it's interesting that no one is talking about the fact that individual tax payment, 26% of the bush tax cuts over the past two years, the answer here is this. i just want to see everybody be happy. let me turn to benghazi. there is a palpable sense in washington dc right now. i don't believe the congress has the strength or the tools to actually penetrate the veil of denial and secrecy and opaqueness that is this administration and what it has done. now, when you think this is? >> the attorney general has to do this. lou: can you really see eric holder doing that? saying that we will investigate ourselves? >> if he doesn't do an independent investigation, you have the very people who have floated the idea of prosecuting general petraeus, there are all kinds of things they might do to him. there is all kinds of pressure that can be brought about. lou: are you saying th
he wants to destroy the economy. no one in their right mind is going to allow that kind of increase to devastate the economy. lou: that's a good point. it's interesting that no one is talking about the fact that individual tax payment, 26% of the bush tax cuts over the past two years, the answer here is this. i just want to see everybody be happy. let me turn to benghazi. there is a palpable sense in washington dc right now. i don't believe the congress has the strength or the tools to actually...
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Nov 28, 2012
11/12
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>> the economy has turned a little bit, but they are finding new ways of getting revenue they have not gotten before, like this, finding extra ways of getting money, not just developing, lotly tickets and power balls but new gambling schemes, and new taxes, when president said, all i want to do is set taxes back to way they were during clinton administration that is true for overall top rate but there are extra nickel and dime taxes that feds and state and local governments, they get a rise in 4%, state taxes rights now, adds to 690 billion. they are will able to cash? neil: amazing. you know, with -- success of tax on their deductions, mortgage interest thing and all they are paying more in taxes now than before. >> yeah, have you won anything in any of the scratch off games? >> nope, i do not do that, kim there for the ho-hos. neil: i see, always th the empty shells. >> that is you. neil: that is mm. write a check to the government. neil: health care law -- here is the problem, it not going anywhere, but the money for it. it is gone. i'm telling you it's gone, coming up, dunkin' brea
>> the economy has turned a little bit, but they are finding new ways of getting revenue they have not gotten before, like this, finding extra ways of getting money, not just developing, lotly tickets and power balls but new gambling schemes, and new taxes, when president said, all i want to do is set taxes back to way they were during clinton administration that is true for overall top rate but there are extra nickel and dime taxes that feds and state and local governments, they get a...
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Nov 27, 2012
11/12
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david: but, drew, the fact of the matter is we don't have a growing economy. i mean, less than 2% growth is minimal at best. and we don't have that much of a pick-up in the jobs picture. unless those two things change, are we really going to see an economy that we can call move anything the right direction? -- moving in the right direction? >> probably not in 2013. what do you know already? %-into 2012 ahead of higher ince tax rates next year. so you're going to be pulling a lot of activity into this year, so 2013's going to be soft right out of the box. furthermore, corporate earnings, they've done all they can do in terms of improving margins. until you have growing top line income, you really can't do more. how are you going to pay a higher dividend? david: i was surprised to see that one of your picks is for a fund of dividend stocks, an etf -- >> very much so. david: dvy is the symbol. aren't you concerned, though, that with a doubling, some say tripling when you add in the extras on the of the tax on dividends as a possible, that, in fact, dividends issu
david: but, drew, the fact of the matter is we don't have a growing economy. i mean, less than 2% growth is minimal at best. and we don't have that much of a pick-up in the jobs picture. unless those two things change, are we really going to see an economy that we can call move anything the right direction? -- moving in the right direction? >> probably not in 2013. what do you know already? %-into 2012 ahead of higher ince tax rates next year. so you're going to be pulling a lot of...
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Nov 26, 2012
11/12
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he wants to destroy the economy? come on. who in their right mind will allow that kind of increase to devastate the economy. it will not be hostess going out of business. >> lou: that is a good point and it is interesting, no one is talking about the fact that individual tax payments, taxpayer payments, internal revenue service, receipts from those taxpayers have risen 26% under the bush tax cuts, over the past two years which tells us that the answer here is growth. >> that's right. >> lou: i'm a simple fellow and i'd like to see everybody start talking to each other. let me turn to benghazi, because, the special prosecutor. there is a sense of hopelessness that is palpable in washington, d.c., right now. because, i don't believe the congress feels that it has the strength or the tools to actually penetrate the veil of denial and secrecy and opaqueness that is the administration, when it comes to what it has done. witness the last nine weeks. you are calling for a special prosecutor, and the fellow who has to do that work fo
he wants to destroy the economy? come on. who in their right mind will allow that kind of increase to devastate the economy. it will not be hostess going out of business. >> lou: that is a good point and it is interesting, no one is talking about the fact that individual tax payments, taxpayer payments, internal revenue service, receipts from those taxpayers have risen 26% under the bush tax cuts, over the past two years which tells us that the answer here is growth. >> that's...
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Nov 21, 2012
11/12
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gold is a plan on the broader economy. if we get good economic numbers next week we will probably see gold sell-off little bit or a a surprises to the downside. >> what is interesting when we talk about how they missed their profit, one area they talk about growth in 2013 was south america and that was because of a commodity boost they anticipated. >> the largest compromise in the world in south america in chile and they expect growth in that area from a construction standpoint and basic materials as well. also interesting they telegraphed they would have a bad quarter and still miss the down side. that indicates the global weakness we have in the economy. nicole: you always do a great job. you heard that. more likely to move up to that resistance of $13.93 before we move down to that support level. liz: we are at 1390 right now. keith blitz is right on the cuff. luciano said he expects the united states to slow down next year even if congress reaches the bipartisan budget deal. he will tell us where investors should put t
gold is a plan on the broader economy. if we get good economic numbers next week we will probably see gold sell-off little bit or a a surprises to the downside. >> what is interesting when we talk about how they missed their profit, one area they talk about growth in 2013 was south america and that was because of a commodity boost they anticipated. >> the largest compromise in the world in south america in chile and they expect growth in that area from a construction standpoint and...
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Nov 21, 2012
11/12
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it is strangling in an economy that is simply not working. the united states and europe have the trump cards in this. is that an incorrect statement in your judgment? >> yes, because the imf still has already been signed. he has that credit line out there. i think what's going on in egypt is that there is a struggle between -- lou: actually, this deal was reached today. they have not been funded. lou: but the deal is done. acquiescence to judgment and reason. and necessary component. >> as you correctly pointed out that europeans will not put pressure on egypt. he will get his money from the imf. the -- lou: wait a minute. let me interject. i truly believe that it is of fair statement to say, the united states will have its will with the imf and what it does in this instance. am i wrong? >> well, we will see in a couple of weeks. i think the real struggle here is between morrissey and his ideological instincts on the one hand and elements of the egyptian security structure, the military and the intelligence service on the other. despite his b
it is strangling in an economy that is simply not working. the united states and europe have the trump cards in this. is that an incorrect statement in your judgment? >> yes, because the imf still has already been signed. he has that credit line out there. i think what's going on in egypt is that there is a struggle between -- lou: actually, this deal was reached today. they have not been funded. lou: but the deal is done. acquiescence to judgment and reason. and necessary component....
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Nov 28, 2012
11/12
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>> the economy has turned a little bit, but they are finding new ways of getting revenue they have not gotten before, like this, finding extra ways of getting money, not just developing, lotly tickets and power balls but new gambling schemes, and new taxes, when president said, all i want to do is set taxes back to way they were during clinton administration that is true for overall top rate but there are extra nickel and dime taxes that feds and state and local governments, they get a rise in 4%, state taxes rights now, adds to 690 billion. they are will able to cash? neil: neil: a lot of companies freaking out. some are cutting back to worker's hours to deal with health care, or cutting healthy insurance all death, it dunkin' brands getting dunked. the ceo nigel travis. you do not have the same darden experience they and walmart, and some others are curtailing hours or finding ways to get around this big health care you know hit they are taking? what do you do? >> i loved your headline, are we getting dunked? we're focussed on it. we have been working with the obama administration on
>> the economy has turned a little bit, but they are finding new ways of getting revenue they have not gotten before, like this, finding extra ways of getting money, not just developing, lotly tickets and power balls but new gambling schemes, and new taxes, when president said, all i want to do is set taxes back to way they were during clinton administration that is true for overall top rate but there are extra nickel and dime taxes that feds and state and local governments, they get a...
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Nov 29, 2012
11/12
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if they resolve the fiscal cliff and the economy remains growing, although kind of sluggish -- here is another scenario, we have a loss of revenue from growth money. we are in a situation where we will prepare for the best, hope for the best, but anticipate a negative growth in the economy. liz: there is actually what we are calling the twinkie of fact. it is a negative bidder twinkie affect. there is a hostess plant where you live. how many jobs will that drop-off, as far as employment is concerned? >> a few hundred. clearly, any kind of negative constriction of the marketplace impacts us. even if it is a negative state. clearly, here at home, the good news for us is we are going at a 3.5% rate now economically. we are creating jobs. we have a healthy economy and a great quality of life which is attracting people and businesses to utah. we do not have control over what happens in washington, d.c. we are being very cautious as we go forward waiting to see resolution, out of washington, d.c. liz: i saw a quote of something you said. i thought it was perfect for washington. compromise sh
if they resolve the fiscal cliff and the economy remains growing, although kind of sluggish -- here is another scenario, we have a loss of revenue from growth money. we are in a situation where we will prepare for the best, hope for the best, but anticipate a negative growth in the economy. liz: there is actually what we are calling the twinkie of fact. it is a negative bidder twinkie affect. there is a hostess plant where you live. how many jobs will that drop-off, as far as employment is...
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Nov 29, 2012
11/12
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slowing economy there. >>> chevron taking full-page ads in argentina newspapers. appealing for argentina's court to end freeze assets in the country. an argentina judge ordered freeze earlier this month on behalf of claimants in ecuador. think want a $19 billion damage stealthment. chevron says the case is fraudulent. interesting they're taking to the media. >>> why is the u.s. sending billions of dollars to egypt in fresh aid when president morsi is becoming a dictator before our very eyes? we'll talk about that, why that money might be better spent at home. "piles of money" coming up. ♪ look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic onchitis and emphysema. spiriva helps control my copsymptoms by keeping my airways open for 24 hours. plus, reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintance treatment that does both. spiriva handiher tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, g
slowing economy there. >>> chevron taking full-page ads in argentina newspapers. appealing for argentina's court to end freeze assets in the country. an argentina judge ordered freeze earlier this month on behalf of claimants in ecuador. think want a $19 billion damage stealthment. chevron says the case is fraudulent. interesting they're taking to the media. >>> why is the u.s. sending billions of dollars to egypt in fresh aid when president morsi is becoming a dictator before...
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Nov 28, 2012
11/12
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if we get this wrong, the economy will go south. it will be much more difficult for us to balance our budget and deal with our deficits because if the economy is not strong, that means more money is going out and things like unemployment insurance and less money is coming in. it makes our deficit worse. we really need to get this right. i can only do it with the help of the american people. tweet my 2k or e-mail, post it on a member of congress' facebook wall. do what it takes to communicate a sense of urgency. we do not have a lot of time here. we have a few weeks to get this done. we could get it done tomorrow. optimistically, i do not think we will get it done tomorrow. [ laughter ] i tell you, if everyone here goes out of their way to make their voices heard and spread the word to your friends and family, coworkers and neighbors, i am confident that we will get it done. we will get america on the right track, not just for next year, but for many years to come. thank you very much, everybody. [ applause ] cheryl: president obama
if we get this wrong, the economy will go south. it will be much more difficult for us to balance our budget and deal with our deficits because if the economy is not strong, that means more money is going out and things like unemployment insurance and less money is coming in. it makes our deficit worse. we really need to get this right. i can only do it with the help of the american people. tweet my 2k or e-mail, post it on a member of congress' facebook wall. do what it takes to communicate a...